NEWS
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Why does gas set the price of electricity – and is there an alternative?
A surge in gas prices triggered by the Iran war has caused a knock-on spike in the price of electricity in the UK, Italy and many other European markets. This is because gas almost always sets the price of power in these countries, even though a significant share of their electricity comes from cheaper sources.
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The AI power crunch sparks a 1.5 GWh sodium-ion battery deal
Utility-scale energy storage developer Energy Vault just signed a strategic agreement with Peak Energy, which manufactures sodium-ion energy battery storage systems, to build a battery platform specifically designed for “AI-first” data center operators.
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The US’s first lithium from oilfield wastewater is coming
Element3 just raised a fresh round of funding to launch the first US commercial lithium extraction plants, and it’s sourcing the lithium from oil and gas wastewater in Texas. That’s a big deal because it means there will be a domestic lithium supply for EVs and battery storage within a few months.
